Fair Isaac Corporation
-7.54 %
25.81 %
Yet to be announced
Company Overview
Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. It operates through two segments, Scores and Software. The Scores segment provides business-to-business scoring solutions and services for consumers that give clients access to analytics to be integrated into their transaction streams and decision-making processes.
Revenue Sources
After analyzing FICO's revenue sources, their primary income streams come from legitimate analytics services, software solutions, and scoring products. These activities involve the exchange of real services and don't constitute gambling or other haram activities. The company's business model is based on providing valuable tools and services to help businesses make informed decisions.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $453.81m | $285.15m | - | $28.52m | 0.00% | 10.00% |
| June 30, 2024 | $447.85m | $284.47m | - | $26.87m | 0.00% | 9.45% |
| March 31, 2024 | $433.81m | $265.06m | - | $26.09m | 0.00% | 9.84% |
| Dec. 31, 2023 | $382.06m | $254.86m | - | $24.16m | 0.00% | 9.48% |
Examining the company's financial statements from the past four quarters shows that interest expenses as a proportion of total expenses range from about 9-10% of total expenses, which exceeds the 5% threshold we consider acceptable for halal investments.
Operational Ethics
Based on available information from SEC filings and company reports, there is no evidence of current material relationships with entities involved in human rights violations. The company maintains operations in various countries but no concerning direct ties to the Chinese Communist Party or Israel have been identified.
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